NewsFeeder
07-22-2017, 12:10 AM
[$$] Stocks Rise on Earnings News; Nasdaq Up 1.2%
The Standard & Poor’s 500 index rose 0.5% to 2472.54 last week, while the Nasdaq Composite gained 1.2% to 6387.75. “Earnings season gives us something tangible to evaluate,” says Edward Perkin, chief equity investment officer at Eaton Vance Management. Some 97 S&P-500 companies have reported second-quarter earnings so far, and 74% have topped analyst expectations, according to Thomson Reuters I/B/E/S, above the four-quarter average of 71%.
http://finance.yahoo.com/r/96ca813c-bead-3402-ae77-2b43ded35325/stocks-rise-on-earnings-news-nasdaq-up-1-2-1500698651?mod=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
The Standard & Poor’s 500 index rose 0.5% to 2472.54 last week, while the Nasdaq Composite gained 1.2% to 6387.75. “Earnings season gives us something tangible to evaluate,” says Edward Perkin, chief equity investment officer at Eaton Vance Management. Some 97 S&P-500 companies have reported second-quarter earnings so far, and 74% have topped analyst expectations, according to Thomson Reuters I/B/E/S, above the four-quarter average of 71%.
http://finance.yahoo.com/r/96ca813c-bead-3402-ae77-2b43ded35325/stocks-rise-on-earnings-news-nasdaq-up-1-2-1500698651?mod=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss